FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
NEIL COTTY
   2. Issuer Name and Ticker or Trading Symbol
BANK OF AMERICA CORP /DE/ [BAC] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Accounting Officer
(Last)
(First)
(Middle)
BANK OF AMERICA CORPORATION, NC1-007-19-12		 3. Date of Earliest Transaction (Month/Day/Year)
01/01/2006
(Street)

CHARLOTTE 28255		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/01/2006   A   100 A $ 0 (1) 9,012 D  
Common Stock 02/24/2006   M   25,000 A $ 30.68 35,097 D  
Common Stock 02/24/2006   M   12,000 A $ 30.25 47,097 D  
Common Stock 02/24/2006   M   5,000 A $ 30.38 52,097 D  
Common Stock 02/24/2006   S(2)   5,000 D $ 45.30 47,097 D  
Common Stock 02/24/2006   S(2)   10,000 D $ 45.20 37,097 D  
Common Stock 02/24/2006   S(2)   27,000 D $ 45.28 10,097 D  
Common Stock               2,482.72 I Thrift Trust

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option, Right to Buy $ 30.38 02/24/2006   M     5,000   (3) 01/02/2008 Common Stock 5,000 $ 30.38 0 D  
Option, Right to Buy $ 30.25 02/24/2006   M     12,000   (4) 01/04/2009 Common Stock 12,000 $ 30.25 0 D  
Option, Right to Buy $ 30.68 02/24/2006   M     25,000   (5) 02/01/2012 Common Stock 25,000 $ 30.68 65,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
NEIL COTTY
BANK OF AMERICA CORPORATION
NC1-007-19-12
CHARLOTTE 28255		       Chief Accounting Officer  

Signatures

 Neil Cotty/Roger C. McClary POA   02/28/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Received in exchange for common stock of MBNA Corporation at an exchange rate of .5009 of a share of Bank of America and $4.125 in cash for each share of MBNA Corporation in connection with the merger of MBNA into Bank of America on January 1, 2006. On last business day preceding the effective date of the merger, the closing price of MBNA's common stock was $27.15 per share, and the closing price of Bank of America's common stock was $46.15 per share.
(2) Option exercise and sale of shares in accordance with a written plan established January 24, 2006 pursuant to the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
(3) These options vested in three equal installments commencing January 2, 1999.
(4) These options vested in three equal installments commencing January 4, 2000.
(5) The option vested 50% on June 23, 2003, and 50% on November 17, 2004.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.